After keeping quiet for a month over the non-payment of salaries, a section of pilots of Kingfisher Airlines on Friday threatened not to report for duty from May 9, if the management failed to pay the

Leading private sector lender ICICI Bank's stake in the troubled air carrier Kingfisher Airlines has come down sharply to 2.9 per cent, from more than five per cent at the end of 2011.

As per the lat

Kingfisher Airlines said it is negotiating with the agitating employees who went on a flash strike on Saturday over non-payment of salaries and hopes to resolve the problem soon.

"We are in constant

In temporary relief to Kingfisher Airlines, Airbus has said it will not insist that the cash- strapped carrier take the delivery of the aircraft it had ordered till its financial health improves.

Kir

Staff members of Kingfisher Airlines have reportedly appealed to Royal Challengers Bangalore players to boycott IPL-5 till their salary dues and other demands are cleared by the airline’s management.

After the cash-strapped Kingfisher Airlines withdrew its Hyderabad flights, several other airlines are vying to fill the vacated airspace.

The national carrier, Air India, has reintroduced its Hyder

Vijay Mallya, scrambling to raise funds to rescue his ailing Kingfisher Airlines, is considering selling part of his stake in his flagship liquor business to Dutch brewery giant Heineken, media report

The cash-strapped Kingfisher Airlines claims that its “immediate priority is to access its funds to pay outstanding staff salaries”. Another airline official at the RGIA said, “At least this puts an e

Cash-strapped Kingfisher Airlines has stopped its services from more than 30 cities, including Hyderabad and Kolkata, and has given compulsory leave to nearly half of its 7,000 odd employees till the

Beleaguered Kingfisher Airlines on Tuesday announced temporary suspension of operations from several cities and asked an undisclosed number of staff to stay at home till the time it gets fresh infusio